Planning for Other Lifetime Financial Goals

Abstract

Although most people’s number-one financial goal is planning for a comfortable retirement, you may have other financial goals that you wish to include in your wealth-distribution process. Among these may be starting your own business (and perhaps subsequently selling that business), buying and selling a personal residence, purchasing a second or vacation home, or investing a windfall, such as lottery winnings or a substantial inheritance. This chapter considers all these goals in turn and, to the extent possible (you cannot really plan to win the lottery), discusses how to achieve their attainment.

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